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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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| CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract] | ||||||||
| Sales | $ 240.5 | $ 184.7 | $ 849.1 | $ 742.2 | ||||
| Shipping and handling cost | 57.5 | 44.4 | 233.0 | 200.0 | ||||
| Product cost (Note 3) | 33.2 | 94.5 | 336.5 | 363.2 | ||||
| Gross profit | 149.8 | 45.8 | 279.6 | 179.0 | ||||
| Selling, general and administrative expenses | 26.8 | 22.7 | 76.2 | 73.7 | ||||
| Operating earnings | 123.0 | [1] | 23.1 | 203.4 | [1] | 105.3 | ||
| Other (income) expense: | ||||||||
| Interest expense | 5.5 | 4.4 | 14.4 | 13.2 | ||||
| Other, net | (3.1) | (0.1) | 0.9 | (3.2) | ||||
| Earnings before income taxes | 120.6 | 18.8 | 188.1 | 95.3 | ||||
| Income tax expense | 32.7 | 3.4 | 50.7 | 22.9 | ||||
| Net earnings | $ 87.9 | $ 15.4 | $ 137.4 | $ 72.4 | ||||
| Basic net earnings per common share (in dollars per share) | $ 2.60 | $ 0.46 | $ 4.07 | $ 2.15 | ||||
| Diluted net earnings per common share (in dollars per share) | $ 2.60 | $ 0.46 | $ 4.07 | $ 2.15 | ||||
| Weighted-average common shares outstanding: | ||||||||
| Basic (in shares) | 33,575 | 33,469 | 33,542 | 33,378 | ||||
| Diluted (in shares) | 33,601 | 33,484 | 33,566 | 33,402 | ||||
| Cash dividends per share (in dollars per share) | $ 0.60 | $ 0.545 | $ 1.80 | $ 1.635 | ||||
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